Last month, the amount of ether locked in liquid staking platforms surpassed 14 million, but over the past 33 days, it dipped by 230,000 ether to 13.85 million. Rocket Pool Hit Hard: Massive Outflows Highlight Liquid Staking Shakeup Liquid staking, a favored decentralized finance (defi) method, has protocols holding the largest total value in defi […]
Digital Asset Platforms Lose a Record $2.1B in 2024, Mostly Due to Hacks
A Cyvers report reveals that centralized and decentralized digital asset platforms suffered $ 2.114 billion in losses in the first nine months of 2024, surpassing 2023’s total. Hacks and breaches account for the majority of these losses, emphasizing the need for enhanced security measures. Centralized Exchange Hacks Surge Nearly 1,000% Cybersecurity Cyvers’ analysis shows …
Bitcoin ETFs Lose $211 Million as Ethereum Funds See Modest Outflows
Thursday’s trading session saw spot bitcoin exchange-traded funds (ETFs) experienced outflows totaling $ 211.15 million, while ethereum ETFs faced a much smaller decline of $ 152,720. $ 211 Million Exits Bitcoin ETFs, Ethereum Funds Slip by $ 152K On Sept. 5, bitcoin and ethereum ETFs both took hits, with bitcoin ETFs …
Bitcoin ETFs Lose $105M in Outflows as Ether ETFs Snap Losing Streak
On Wednesday, spot bitcoin exchange-traded funds (ETFs) experienced $ 105.19 million in outflows, while spot ethereum ETFs managed to break their nine-day losing streak, pulling in $ 5.84 million in inflows. Spot Bitcoin ETFs Face $ 105M Outflow, Ethereum ETFs Bounce Back The biggest hit among spot bitcoin ETFs was ARKB, which …
Meme Coins Lose Steam: $20 Billion Wiped From Market Since May
During the first half of 2024, meme coins took the spotlight, captivating the crypto world with their quirky charm. However, the hype appears to be cooling off as we move into the latter part of the year. According to Google Trends, searches for “meme coins” have significantly decreased, and since May 21, the meme token […]